News/Celsius Network Paid Off All DeFi Debts, Which Is More Than $800M

Celsius Network Paid Off All DeFi Debts, Which Is More Than $800M

Jul 14,2022,09:16
Celsius Network has paid off all of its debts on DeFi protocols. According to on-chain records on wallets tied to Celsius, the firm has paid off more than an estimated $800 million of debt on Aave, MakerDAO and Compound since June 10th. Currently, Celsius has filed voluntary petitions for Chapter 11 bankruptcy.
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